Bill Payable
Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1891)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
In mercantile law. A bill of exchange accepted, or a promissory note made, by a merchant, whereby he ha.s engaged to pay money. It is so called as being payable by him. An account is usually kept of such bills in a book with that title, and also in the ledger. See Pars. Notes & Bills.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
A bill of exchange accepted, or a promissory note made, by a merchant, whereby he has engaged to pay money. It is so called as being payable by him. An account is usually kept of such bills in a book with that title, and also in the ledger. See Parsons, Notes and Bills.
A Dictionary of Law
Henry Campbell Black · 1891
Ina merchant’s accounts, all bills which he has accepted, and promissory notes which he has mude, are called “bills payable,” and are entered in a ledger account under that name, and recorded in a book bearing the sume title,